When will I be able to get a credit card, loan, car and/or mortgage after bankruptcy?

You can apply for credit cards, loans and car loans right after discharging debts in Chapter 7 bankruptcy. However, the rates may not be ideal. You can apply for a mortgage 2-3 years after discharging as well.

Please keep in mind that Chapter 13 is a much longer process than Chapter 7, and you typically can’t get new credit approved while you are in it (the vast majority of Chapter 13 plans run for 5 years).

Share on facebook
Share on twitter
Share on linkedin

It's time to take control. Get Resolve.

Badge_ssl

We use bank-level security with 2048-bit SSL encryption and will never share your info without your consent

Badge_bbb

Resolve is an accredited company with the Better Business Bureau​

Badge_cfsi

We were selected as a winner of the prestigious CFSI Financial Solutions Lab by J.P. Morgan Chase

Copyright © 2021 Resolve Innovations, Inc., a Public Benefit Corporation. All rights reserved.